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23/09/2022 18:35

{New Stock}MTT GROUP ends up 3.53% at HK$0.88 on grey market

[ET Net News Agency, 23 September 2022] MTT GROUP (02350) will be listed next Monday
(26th). It is closed at HK$0.88 on Phillip's grey market, 3.53% higher than the IPO price
of HK$0.85. Based on 5,000 shares per lot, excluding handling fees, the book value gain
per lot is HK$150. It is currently at HK$0.9 on Bright Smart's grey market, 5.88% higher
than the IPO price. The book value gain per lot is HK$250.
The public offering of the stock was oversubscribed by 150.3 times. The winning rate of
one lot was 30.1%. One lot was distributed for subscription of 120 lots. The price is
based on the close to the upper limit level of the offer price ranging from HK$0.8 to
HK$0.86. (ed)

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